Monthly Dividend Payers

Live data

These stocks and ETFs pay dividends every month:

SymbolCompanyTypePriceYield
AGNC AGNC Investment Corp REIT $11.93 12.07%
JEPQ JPMorgan Nasdaq Equity Premium Income ETF ETF $58.92 9.20%
JEPI JPMorgan Equity Premium Income ETF ETF $58.41 7.10%
O Realty Income Real Estate $61.42 5.28%
MAIN Main Street Capital Financials $63.96 4.88%
DIVO Amplify CWP Enhanced Dividend ETF ETF $45.56 4.85%
STAG STAG Industrial REIT $37.88 4.09%

Monthly Income Calculator

Monthly Dividend Income$417
Annual Income$5,000
Per Payment$417
Payments/Year12
Phin Smith
CREATED BY Phin Smith UPDATED
Based on 3 sources
Reviewed by Expert
1,053 people found this helpful

Why Invest in Monthly Dividend Stocks?

Monthly dividend stocks provide more frequent income distributions compared to traditional quarterly payers. This payment schedule is particularly attractive for retirees and income-focused investors who need regular cash flow.

Benefits of Monthly Dividends:

  • Regular cash flow - Income arrives every month, matching most bills
  • Faster compounding - Reinvest dividends 12x per year instead of 4x
  • Budget-friendly - Easier to plan around predictable monthly payments
  • Psychological benefit - Regular income feels more like a paycheck

Common Types of Monthly Payers:

  • REITs - Realty Income (O), STAG Industrial, AGNC
  • BDCs - Main Street Capital (MAIN), Prospect Capital
  • Covered Call ETFs - JEPI, JEPQ, DIVO
  • Closed-End Funds - Various income-focused CEFs

Frequently Asked Questions

Are monthly dividends better than quarterly?

For income needs, monthly is more convenient. For total return, payment frequency matters less than yield, growth, and total return. Monthly does allow slightly faster compounding when reinvesting.

Which is the best monthly dividend stock?

Realty Income (O) is often called "The Monthly Dividend Company" and is popular for its reliability. JEPI offers higher yield with a different strategy. The "best" depends on your goals.

Can I build a portfolio that pays every week?

By combining monthly payers with various quarterly payers that have different ex-dividend dates, you can receive dividends almost every week throughout the year.

Are monthly dividend stocks safe?

Safety varies by company. Realty Income has decades of dividend growth. Mortgage REITs like AGNC have higher yields but more volatility. Always diversify and research individual holdings.